Credit

New Delhi, Sept 19: India and Bhutan have signed an agreement on a concessional Line of Credit worth Rs 4,000 crore for energy projects in Bhutan during External Affairs Minister S Jaishankar’s official visit to the country, according to a…
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New Delhi, Aug 18: Union Finance Minister Nirmala Sitharaman today asked Public Sector Banks (PSBs) to increase credit for farmers growing pulses and oilseeds as part of efforts to reduce India's import dependence and promote crop…
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Mumbai/New York, Aug 13: Bank of America Corporation (BofA) will acquire up to 49.9% stake as a joint venture partner in Jio Credit Limited (JCL), a wholly-owned subsidiary of Jio Financial Services Limited (JFSL), through a preferential…
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New Delhi, July 18: Yes Bank today reported a 34 per cent increase in its profits in the first quarter of financial year 2027. The private bank posted a net profit of ‌₹1,070 crore ($111.13 million) for the three months ended June 30, up…
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Mumbai, June 21: The Reserve Bank of India (RBI) has issued the final guidelines on the Kisan Credit Card (KCC) scheme, deferring implementation to January 1, next year. KCC loans sanctioned before that date will continue under…
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New Delhi, May 5: The Government today announced a major decision to provide credit guarantee coverage through National Credit Guarantee Trustee Company Limited (NCGTC) to Member Lending Institutions (MLIs) for extending additional credit…
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New Delhi, Apr 29: After reporting a dip in the financial year 2024-25, banks in India regained their dominant position in the country's flow of funds during the subsequent Financial Year 2025-26, according to a Bank of Baroda research note…
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New Delhi, Jan 15 (BVI) CGST Delhi South Commissionerate has arrested two persons on charges of fraudulent availment of Input Tax Credit (ITC) of around ₹8.52 crore through bogus invoices of ₹199.90 crore. The Anti-Evasion Branch of the…
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Mumbai, Jan 12 (BVI): India’s MSME sector is showing early signs of revival and 86% of such enterprises expect their businesses to grow in 2026, according to a latest study. Nearly eight in ten MSMEs reported better business performance…
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New Delhi, Nov 18 (BVI) Small Industries Development Bank of India (SIDBI) and Bank of Baroda (BOB) today signed a Memorandum of Understanding (MoU) to jointly enhance credit flow, expand working capital access, and strengthen financial…
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